5339 E Ocean Blvd Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated payment $18,268/month
About This Home
Location Location Location! Ocean Front Assets are the gold standard for real estate. Do not miss this. Unobstructed Ocean Views and the highest Cap Rate (4.71%) you will ever find in Belmont Shore on the Ocean in this Incredible Ocean Front 6 unit with Parking! You can't beat this asset. The Beach House is a incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high end finishes. Each unit has Washer and Dryer in unit and a beautiful layout maximizing the ocean views here on Ocean Blvd. Steps to the sand and even more rare for Belmont Shore, this asset comes with 4 parking spaces. You will not find beach front properties this cheap maybe ever again.
5339 E Ocean Blvd is an ideal opportunity for investors seeking a turnkey coastal multifamily generational asset with zero deferred maintenance, immediate leasing opportunity to put your own tenants in and an exceptional location-driven rental appeal in one of Southern California’s most desirable beach communities. Four of the units are rare front-facing one-bedroom residences with ocean and water views, creating a highly compelling lifestyle rental product in one of Long Beach’s most sought-after beachside communities. The remaining two renovated one-bedroom units further round out a turnkey investment with broad tenant appeal. With the Olympics coming to the Belmont Shore Swimming Pool and the World Cup on it's way as well. AIR BNB opportunities are endless. The Beach House at 5339 E Ocean Blvd in the most desirable Belmont Shore asset you will find. One of the only locations on Ocean Blvd with unobstructed ocean views. Offered at $3,200,000 and only $533,333 per unit, this exceptional coastal asset consists of six 1-bedroom/1-bathroom units across 3,048 square feet on a 2,540 square foot lot. Based on projected market rents, the property offers approximately $17,780 per month and $215,760 in annual scheduled gross income, with an estimated 4.71% cap rate upon lease up.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 03/24/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2026
Lot Details
- 2,540 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Property Views
- Ocean
- Coastline
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,048 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Assigned Parking
Listing and Financial Details
- Legal Lot and Block 29 / 36
- Tax Tract Number 3750
- Assessor Parcel Number 7245007026
- $1,112 per year additional tax assessments
Community Details
Overview
- 6 Units
Building Details
- 4 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,810
- Maintenance Expense $3,600
- Professional Management Expense $12,946
- Water Sewer Expense $4,800
- New Taxes Expense $40,000
- Operating Expense $65,156
- Gross Income $215,760
- Net Operating Income $150,604
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,600 | $745,414 | $447,251 | $298,163 |
| 2024 | $10,128 | $730,799 | $438,482 | $292,317 |
| 2023 | $9,947 | $716,471 | $429,885 | $286,586 |
| 2022 | $9,348 | $702,423 | $421,456 | $280,967 |
| 2021 | $9,142 | $688,651 | $413,193 | $275,458 |
| 2019 | $9,011 | $670,428 | $400,939 | $269,489 |
| 2018 | $8,779 | $657,327 | $393,078 | $264,249 |
| 2016 | $8,082 | $629,689 | $377,815 | $251,874 |
| 2015 | $7,767 | $620,231 | $372,140 | $248,091 |
| 2014 | $7,737 | $608,083 | $364,851 | $243,232 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | Price Changed | $3,200,000 | -5.7% | $1,050 / Sq Ft |
| 03/24/2026 03/24/26 | For Sale | $3,395,000 | -- | $1,114 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,915,000 | Corinthian Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $485,000 | Commonwealth Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Closed | $1,340,500 | New Conventional | |
| Previous Owner | $106,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26061371
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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